shotgun price?

With out seeing it hard to say. The inside of the barrel is a big thing with any gun and while a shotgun not as much but still important. Son sold a H&R 20 gauge this summer for $100
 
50 bucks, pawn shops are full of single barrels, utility shotguns are probably the best deal you will find in a firearm. There are several choices of brand new 12 gauge pump guns to be had from 150-200 dollars.
 
I'd say $125 is at the top end for a run-of-the-mill Springfield (Stevens) 12-gauge. As others have said, condition is everything. If the wood is clean walnut and the case coloring and bluing are strong, it might be worth a bit more. If metal is rusted or faded and the wood is beat up or cracked, $50 might be closer. I've bought beaters for as low as $25 in the last couple of years. If it were a .410 (which I know it isn't), it would be worth the $125 if in decent shape, but 12-gauges are hard to sell. (I watch these Springfield/Stevens single-shot shotguns guns closely at gun shows and online because I've accumulated bunches of them I'll some day need to sell.)
 
The biggest drawback to those single shot 12 gauge shotguns, is the modern high powered ammo.
They kick like a Missouri mule.
 
Even in the day.

My dad told a story about when he was a kid, he had a single shot 12 gauge. Me made the mistake of telling his uncle that when he went hunting he hoped he didn't see anything so he didn't have to shoot the darned thing.

His uncle never let him live it down.
 
The newer guns with the straighter stocks aren't quite as bad. I have an old Harrington and Richardson my father bought used in the late 40's-early 50's with the old style stock with lots of drop. Yesssiiiirrrreeee, she shore do kick!

Larry, if that gun is in excellent shape, it's worth the money. If it's beat up, it's worth $50-$75. Personally, I wouldn't pay $125 for it.
 
Check the choke. If it is full choke pass on it. The day is quickly coming when there won't be any lead shot, and then those guns will require rechoke (modified) to be used.
 
Larry: Look on barrel and see if chamber length is stamped on barrel. If it doen not have this it could be a SHORT chamber which should not be shot.

I see this all the time. If it is stamp 2 3/4" then it was made after 1930.
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